The company's purpose, in Switzerland and abroad, except for operations prohibited by the Federal Act on the Acquisition of Real Estate by Foreigners (LFAIE), is the purchase, sale, construction, renovation, development, administration, maintenance and operation of any real estate, real estate brokerage, real estate construction, as well as the planning, development and execution of real estate projects. It may also, in direct or indirect connection with its purpose, carry out all financial, commercial and real estate transactions, participate in all enterprises or activities in Switzerland and abroad, establish branches or subsidiaries in Switzerland and abroad, and grant loans or guarantees to associates or third parties, if it serves its interests.